Contents tagged with Germany
Construction of the Nord Stream 2 pipeline, halted by U.S. sanctions, may no longer resume, and investments in the 10-billion-euro project may have to be completely written off, according to the IFRS report for the first half of 2020 by the German concern Uniper - one of the five European partners of Gazprom, which financed half of the cost of the project.
"Given the new U.S. sanctions, there is an increased risk that construction will be frozen or completely halted," the report said.
German Foreign Minister Heiko Maas rejected a proposal to allow Russia to rejoin the G7.
"The reason for Russia's expulsion was the annexation of Crimea and the intervention in eastern Ukraine," said Maas in an interview published in two German newspapers Rheinische Post and Bonner General-Anzeiger.
According to the minister, while there is no solution to the situation with Crimea and the Donbas, he sees "no chance" that Russia will join the G7.
The G7 includes the United States, Canada, …
The U.S. Senate has approved the draft National Defense Authorization Act for fiscal year 2021, which includes new sanctions against the Nord Stream-2 pipeline.
The document, which was approved by the House of Representatives earlier this week, received 86 votes in favor and only 14 against.
The $740.5 billion Defense Budget contains a provision for tightening sanctions against the Nord Stream 2 project, which has been under sanctions since December last year, effectively halting its …
The German government in early June proposed to the EU member states to jointly impose sanctions against Russia for a large-scale cyberattack on the German Bundestag five years ago, but a decision on this issue has not been taken yet, reported DPA news agency, citing a copy of the government's official response to the so-called minor request of the Left Party faction in the German parliament.
The German government believes that the Russian military intelligence service (GRU) was behind the …
A train with so-called “uranium tailings”, byproducts of the enrichment process used to make fuel for nuclear power plants, was sent to Russia from a uranium enrichment plant in the German city of Gronau, reports MBH Media news outlet. The 12-car train will deliver about 600 tons of nuclear waste from Germany to the port of Amsterdam, after which the cargo will be shipped to St. Petersburg.
According to Russian organization Ecodefense, the cargo will be further transported by train to the city …
The European Commission is preparing a response to Washington's sanctions against the Nord Stream 2 gas pipeline, as stated in the written response of the EU High Representative for Foreign Affairs and Security Policy Josep Borrell to the request of the MEP Emmanuel Morel. At the same time, European Commission spokesman Eric Mamer did not provide details on Friday, June 26, what exactly the EU's response would be, DW reports.
In late 2019, U.S. President Donald Trump imposed sanctions on …
Russia expects to expand cooperation with German businesses and establish joint production of high value-added products in Russian territory, stated Russian Minister of Trade and Industry Denis Manturov during the online conference "Russia and the World in 2021", organized by the Russian-German Chamber of Commerce.
According to the Minister, Germans could begin construction of factories for the auto industry, aviation industry, railway engineering and energy.
German companies were pioneers in …
German Chancellor Angela Merkel should withdraw her support for the Nord Stream-2 project over the murder in Berlin of Georgian citizen Zelimkhan Khangoshvili, which was allegedly carried out by Russia, writes the newspaper Bild, citing deputy head of the Free Democratic Party of Germany Alexander Graf Lambsdorff.
The MP said the killing in Berlin "a couple of hundred meters from government buildings" was a sharp blow to German sovereignty and Berlin should "think three times before laying a …
Nord Stream 2 AG has appealed to the Supreme Regional Court of Dusseldorf against the decision of the German Federal Network Agency, which refused to exempt the Nord Stream-2 gas pipeline from the EU Third Energy Package.
The Swiss company, 100% owned by Russian gas giant Gazprom, considers the decision of the German regulator "discriminatory" and contrary to the "constitutional guarantees of the Basic Law" of the country, reports Interfax, citing a statement of Nord Stream 2 AG.
The German …
German authorities fear the impact of U.S. sanctions against Nord Stream-2, if imposed, on the country's civil services and German companies, writes Frankfurter Allgemeine Zeitung with reference to the document of the German Federal Ministry for Economic Affairs and Energy.
According to the document, new U.S. sanctions can be imposed on "all companies" that provide insurance services, upgrade the pipeline network or, for example, upgrade the pipe-laying vessels. "The same applies to those …